EPICOR RAISES 3Q OUTLOOK
Epicor Software, riding what it said were the positive effects of its Epicor 9 release, has boosted its expectations for the results it will report for the third quarter ended September 30. The company projected revenue of $109 million to $111 million, up from its earlier guidance of $106 million to $108 million. It said earnings per share would exceed the high-end of its prior prediction of 13 cents per share to 15 cents per share, but the company did not provide specifics. In the third quarter of 2009, Epicor reported revenue of $98.6 million and earnings of one cent per share.